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&lt;p&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;When Disney acquired Marvel last year, it was hailed as a deal that &amp;#8220;&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;redraws the architecture of Hollywood&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;.&amp;#8221;&amp;nbsp; At the time, &lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;Carl Sanchez&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;, the &lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;Paul Hastings&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt; partner who led the M&amp;amp;A team on behalf of Marvel, singled out for &lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;special praise&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt; the Paul Hastings IP team for reviewing the documents for every one of the 5,000 Marvel characters to determine the transferability of rights to Disney.&amp;nbsp; In light of yesterday&amp;#8217;s &lt;i&gt;NY Times piece&lt;/i&gt; on the legal battle between the heirs of Jack Kirby and Disney and Marvel, one wonders how large a role the prospect of copyright termination actions played in their analysis.&amp;nbsp; &lt;/font&gt;&lt;/p&gt;&lt;p&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;Representing the Kirby heirs is &lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;Marc Toberoff&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;, who is employing a provision in copyright law that potentially gives heirs the right to regain ownership of a product after a given number of years.&amp;nbsp; At stake are the massive proceeds of Kirby-created superhero franchises, including Spider Man and the Incredible Hulk.&amp;nbsp; In response to the heirs&amp;#8217; filing of notices to terminate 45 of the copyrights, Marvel has gone on offense, filing &lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;a lawsuit&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt; to invalidate the notices. &lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;Weil Gotshal&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt; partner &lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;James Quinn&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt; is leading the charge against the Kirby family.&lt;/font&gt;&lt;/p&gt;&lt;p&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;The Marvel case hinges on whether Kirby produced his work as a freelancer or as an employee of Marvel. &amp;nbsp;&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;The Copyright Revision Act of 1976&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;, which established the sort of termination action that Kirbys are pursuing, bans termination for people who delivered work at the &amp;#8220;instance and expense&amp;#8221; of an employer. &lt;/font&gt;&lt;/p&gt;&lt;p&gt;&lt;font size=&quot;2&quot;&gt;&lt;font face=&quot;Arial&quot;&gt;&lt;i&gt;The Times&lt;/i&gt; characterizes the dispute as &amp;#8220;emblematic of a much larger conflict between intellectual property lawyers and media companies that &amp;#8230; have made themselves vulnerable by building franchises atop old creations. So-called branded &amp;nbsp;&amp;#8230; may be easier to sell to audiences, but the intellectual property may also ultimately belong in full or in part to others.&amp;#8221; &lt;/font&gt;&lt;/font&gt;&lt;/p&gt;&lt;p&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;According to Stanford law professor &lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;Paul Goldstein&lt;/font&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;, Toberoff is doing some pioneering work in this area: &amp;#8220;Any young lawyer starting out today could turn what he&amp;#8217;s doing into a real profit center.&amp;#8221;&lt;/font&gt;&lt;/p&gt;&lt;p&gt;&lt;font face=&quot;Arial&quot; size=&quot;2&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; -posted by brian&lt;/font&gt;&lt;/p&gt;

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